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Gu Jingci: 2.10 Bitcoin/Ethereum continues to fluctuate, which may solidify bottom support.

CN
顾景辞
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1 month ago
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Follow for more, earn millions. Hello everyone, I am analyst Gu Jingci. Here I share my views, hoping that every friend who follows can achieve good returns!

You can follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum have been consolidating in a sideways manner these past few days, but the highs and lows are continuously testing upward. Overall, since the previous lows of 59900 and 1740, the pullback after the rise has not been significant, indicating that a sharp decline in the short term may be coming to an end. The Bollinger Bands on the four-hour and eight-hour charts are also starting to narrow significantly, waiting for a daily level correction and consolidation. The moving averages are rising, and support is continuously being elevated, with important support levels at 67000 and 1950.

On the daily chart, the previous day's rebound did not stabilize above the 7-day moving average, closing with an upper shadow. The Bollinger Bands are moving downward, and the short-term moving averages are arranged downward. The MACD fast and slow lines are extending downward, with volume decreasing, while the KDJ is crossing upward, and the VR indicator is consolidating around the 60 value. The 4-hour chart shows that after high-level fluctuations, the price has broken below the middle track and short-term moving averages. The Bollinger Bands are narrowing, and the MACD fast and slow lines show signs of turning. Volume is decreasing, the KDJ is crossing downward, and the VR indicator is consolidating around the 80 value. A short-term technical correction is expected, and a real rise will begin after effectively breaking and stabilizing above 72000 and 2150.

Trading suggestions: Buy Bitcoin around 68500 to 69000, with a target of 70500 to 71500; buy Ethereum around 2030 to 2050, with a target of 2120 to 2150, and support at 67500 and 1970.

Daily analysis and strategy have a high win rate, which can be seen. The analysis and strategy are for reference only; please bear the risks yourself. The article review and publication may not be timely; specifics are subject to real-time conditions! For more strategies, you can follow the public account: Gu Jingci.

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Selected Articles by 顾景辞

11 hours ago
Gu Jingci: Bitcoin/Ethereum entered a narrow range oscillation in advance.
1 day ago
Gu Jingci: 4.3 Bitcoin/Ethereum long and short positions continue to profit, along with market analysis from midnight.
2 days ago
Gu Jingci: 4.2 Bitcoin/Ethereum mainly sees a decline in the early morning.
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